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$11,250,000

Beds
36
sq ft
23,056

3524 Chesapeake Ave, Los Angeles, CA 90016

3524 Chesapeake Ave

Los Angeles, CA 90016

  • 104 days on market
*Built in 2021: 27 luxury units with in-unit washer and dryer *Priced below replacement cost at $488 PSF and under $417K per unit *5.3% cap rate and 5.7% cap rate at proven market rents *One-block away from the Metro Expo "E" Line Farmdale Station, providing tremendous access to DTLA, Culver City, and Santa Monica *Incredible micro-location with five brand-new buildings on the block *Strong demographics with average household income over $100K and average housing value over $1.4M (three-mile radius) *Rents shown are averages based on in place rent as of Nov. 1, full rent roll in OM; see Agent Remarks for property website.

Details

Property type

Lot size

0.2941 acres

Price per sq ft

$488

Year built

2021

HOA

No

Price History

09/09/2024
CLAW

CLAW #24436897

Listed
$11,250,000

Schools & Community

Neighborhood: 

West Adams

Elementary school: 

Unknown

Middle school: 

Unknown

High school: 

Unknown

Status: Active

Tomo last checked: 12/22/2024 at 3:15 AM

Listing updated: 12/05/2024 at 2:37 PM

Listed by: Adrienne Barr, Berkadia Phone #: (310) 209-3200

MLS: CLAW #24436897

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